Fire and theft insurance

Cars parked on a suburban street at night which might require fire and theft car insurance.

If you’ve ever needed to claim on your insurance, you already know it can be a painstaking experience. From forms to police reports and damage inspections, it really depends on the insurer and what they expect from you when making a claim.

So, when it comes to car insurance, you want to know all your options and exactly what they cover you for. You could choose the very basic third party property damage, or much further reaching comprehensive car insurance.

But if you want something in the middle ground, it's time to explore third party fire and theft insurance for your wheels.

Car Insurance Comparison Table - rates updated daily

Search promoted car insurance below. Advertiser disclosure. Important information on terms, conditions and sub-limits.
  • Gold Comprehensive Car Insurance

    Get award winning Car Insurance. Save 15% ^ on your first year’s premium when you purchase a new policy online. Budget Direct offers tailor-made cover, new-for-old replacement, 24/7 claims, a highly-rated claims service, and get a hire car following a theft.

    Monthly premiums
    Calendar icon
    Yes Costs Extra
    Choice of repairer
    tools icon
    Optional Extra
    Choice of excess
    coins icon
    $500 - $1,850
    Agreed or market value
    Car coin icon
    Agreed Or Market

    Available discounts

    • Online Discount Up To 15%
    Go to site
    Details
  • Hot DealFor a limited time, sign up to a Comprehensive Car Insurance policy to qualify for a $100 gift card (T&Cs apply).

    Comprehensive Car Insurance

    For a limited time, sign up to a Comprehensive Car Insurance policy to qualify for a $100 gift card (T&Cs apply). Australia Post Comprehensive Car Insurance offers a broad range of coverage and includes cover for anyone who drives your vehicle. It also covers new car replacement if your recently purchased brand new car is written off within the first three years (provided it has travelled less than 60,000km).

    Monthly premiums
    Calendar icon
    Yes Costs Extra
    Choice of repairer
    tools icon
    Optional Extra
    Choice of excess
    coins icon
    $400 - $2,200
    Agreed or market value
    Car coin icon
    Agreed Or Market

    Available discounts

    • Online Discount $75
    Go to site
    Details
  • Comprehensive Car Insurance

    Discover more rewarding car insurance. With competitive cover for you - and your budget, plus up to 20,000 Qantas Points (points awarded will be based on your premium). T&Cs and eligibility criteria apply.

    Monthly premiums
    Calendar icon
    Yes Costs Extra
    Choice of repairer
    tools icon
    Optional Extra
    Choice of excess
    coins icon
    $400 - $1,850 (varies By State)
    Agreed or market value
    Car coin icon
    Agreed Or Market

    Available discounts

    • No Claim Discount
    Go to site
    Details
  • Comprehensive Car Insurance

    Huddle Car Insurance, Pay as you drive & save up to 30% (T&Cs apply). 24/7 claims lodgement and new-for-old replacement (under 2 years).

    Monthly premiums
    Calendar icon
    Yes
    Choice of repairer
    tools icon
    No
    Choice of excess
    coins icon
    $500 - $5,000
    Agreed or market value
    Car coin icon
    Agreed Or Market

    Available discounts

    • Pay As You Drive Cover With Pricing Tiers Available For Limited Kms.
    Go to site
    Details

Basic VS Comprehensive insurance for fire and theft

Fire and theft insurance is pretty specific. So what should you look out for? There are generally two ways of purchasing fire and theft insurance:

1. You have basic third party property insurance and you purchase fire and theft as an additional feature. This is the cheaper way to cover your car for damage or loss caused by fire or theft.

2. Or you buy comprehensive car insurance, which automatically covers you for fire and theft insurance.

Do’s and don’ts of choosing fire and theft insurance

When it comes to fire and theft insurance, there’s no right or wrong option, but Mozo certainly does recommend that you at least cover all your bases for any issue which might pop up.

Below is a general exploration around the different things you need to consider when thinking about buying fire and theft insurance for your car. 

Do’s

Check: Is the market value of my car accurate?

Most insurers, if your claim qualifies, will only credit you the market value of your car. And in some cases, insurers will cap it to $5,000, and others up to $10,000. So if you want more protection, it pays to shop around, and make a specific effort to pick up the phone and make an actual enquiry with a consultant of whatever car insurance company tickles your fancy.

If they do have a cap for fire and theft and your car is worth more than what they're quoting, then see if they offer an agreed value policy. This will need to be negotiated and may cost you more, but if your car is worth it you'll be happy come claim time. 

Compare compare compare

It’s really the only way you’re going to find yourself with the right car insurance for your budget. Although the internet connects us to a wealth of product information when it comes to car insurance, there could be something you're missing or not understanding.

It pays to call and double check exactly what you're purchasing before you commit to a policy. 

Don’ts

Buy the first fire and theft car insurance you see

Although it may be tempting to go ahead and purchase the first sparkly car insurance policy you read about, it will give you very little in return. It's always worth looking around first to see if there's a better value option out there, or if you can negotiate on price using other quotes.

Try Mozo's car insurance comparison tool to see if you can get the cover for all the things you expect in your car insurance at the right price. It only takes a couple of minutes and saves you potentially hours searching online or calling around.

Rely on online comparisons alone

It’s wonderful that we can rely on online comparisons and info as we do our general day to day research for products and services. But we probably shouldn’t solely rely on what we find online.

There could be new products not yet listed on insurers websites that could suit your personal situation better, or features and products that you’re unaware of with existing ones that you need clarification on. So it pays to set some time aside and give your insurance company a call. You never know what you could be missing out on.

Still not sure which direction to take? 

Sometimes reading about other people’s experiences when it comes to purchasing fire and theft car insurance is the best way to settle on the right product. So check out Mozo's great customer review section on car insurance

* *Terms, conditions, exclusions, limits and sub-limits may apply to any of the insurance products shown on the Mozo website. These terms, conditions, exclusions, limits and sub-limits could affect the level of benefits and cover available under any of the insurance products shown on the Mozo website. Please refer to the relevant Product Disclosure Statement on the provider's website for further information before making any decisions about an insurance product.

Any information provided on this page should be considered a summary and general advice only. All information should be verified before purchase via the relevant Product Disclosure Statement (PDS).

^See information about the Mozo Experts Choice Car Insurance Awards

Mozo provides general product information. We don't consider your personal objectives, financial situation or needs and we aren't recommending any specific product to you. You should make your own decision after reading the PDS or offer documentation, or seeking independent advice.

While we pride ourselves on covering a wide range of products, we don't cover every product in the market. If you decide to apply for a product through our website, you will be dealing directly with the provider of that product and not with Mozo.